Bills have 10-year lease, with seven-year out

Summary of 9 articles · Updated Dec 21, 2012

On Friday the Buffalo News reported the Bills agreed a new 10-year lease at Ralph Wilson. All parties involved in the new lease agreement were encouraged by the Bills renewed commitment to Buffalo with the new 10-year lease agreement. "Guaranteed," Brando… (more)n said at a hastily called news conference, announcing the Bills had agreed to sign a new 10-year lease with the state and county to continue playing at Ralph Wilson Stadium. Cuomo told a packed news conference at the team's headquarters in Orchard Park that the lease keeps the Bills in Orchard Park at least through the first seven years of the 10-year pact. The better news is that, according to the Buffalo News, the 10-year contract contains a $400 million relocation penalty. Now for the bad news. After seven years, the Bills have a one-time opportunity to leave, without penalty. The fact that the deal even contemplates relocation, with or without $400 million changing hands, makes it different from other stadium deals, most of which don’t provide a path out of town tied to cutting a check.

Lease deal still needs ratification

The announcement Friday of a new lease agreement between the Bills and Erie County for the next 10 years was welcome news for Bills fans. It is only an agreement in principle at this point and still needs to be ratified by the NFL. Here’s a timeline for

Bills fans react to new lease agreement

Here’s a sample of tweets from today’s announcement, including reaction by Bills fans to the new lease agreement between the Bills and Erie County in conjunction with New York State. .@nygovcuomo: “Agreement keeps the #Bills in Buffalo for another 7

BDC 12/21: New Lease Agreement Announced

DAILY REPORT —Governor Andrew M. Cuomo, Erie County Executive Mark Poloncarz and Buffalo Bills CEO Russ Brandon today announced that the Buffalo Bills have committed to remain in Western New York for at least the next seven years. The Agreement si

Committed to Buffalo

All parties involved in the new lease agreement were encouraged by the Bills renewed commitment to Buffalo with the new 10-year lease agreement. Though the Buffalo media wondered about the $28M buyout, Bills CEO Russ Brandon assured it’s a non-issue. ”

Bills reach deal with New York to remain in Orchard Park

ORCHARD PARK, N.Y. (AP) -- Gov. Andrew Cuomo says the Buffalo Bills have reached an agreement with Erie County and the state on a lease deal for the Ralph Wilson Stadium that will keep the NFL franchise in western New York.